Crime
'Onerous' FATF Recommendations Harmful for Crypto Transparency: Chainalysis
The international watchdog's draft recommendation for KYC compliance are unrealistic and may be harmful to the crypto industry, says Chainalysis.
Bitcoin Trader Ordered to Forfeit $800K Gained via Unlicensed Exchange
A 22-year-old bitcoin dealer from the U.S. has been ordered to hand over $823,357 gained illegally via an unlicensed money transmission business.
Korean Crypto Scam Fleeced Investors for Over $18.5 Million
Police have reportedly used AI to spot a cryptocurrency Ponzi scheme in South Korea that cheated investors out of $18.5 million.
Canadian Court Rules Drug Dealer Must Hand Over $1.4 Million in Bitcoin
A Toronto judge has ruled that a 30-year old drug dealer must forfeit 281.41 bitcoins used in illegal activities on the dark web.
Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job
South Korean crypto exchange Bithumb has had over $13 million in EOS stolen in a hack, but says customer funds are safe.
Former Mt. Gox CEO Mark Karpeles to Appeal Conviction
Mark Karpeles, former CEO of the collapsed bitcoin exchange Mt. Gox, is reportedly to appeal his conviction on data manipulation charges.
CabbageTech CEO Indicted in New York for Defrauding Crypto Investors
The owner of a firm called CabbageTech has been arrested and charged with duping investors out of over $200,000 in cryptocurrency and cash.
Singapore-Based Crypto Exchange DragonEx Has Been Hacked
Singapore-based exchange DragonEx says it has been hacked for an undisclosed amount in a large number of cryptocurrencies.
AriseBank CEO Pleads Guilty to $4.2 Million Securities Fraud Involving ICO
Jared Rice, former AriseBank CEO, pleaded guilty to securities fraud and could face as much as 20 years in prison.
Alleged BTC-e Operator Alexander Vinnik Seeks Extradition to Russia
Alleged bitcoin launderer Alexander Vinnik, who is wanted by several countries, has filed in Greece for extradition to Russia.
